VGT is trading at $110.22, up 2.79%, as investors buy technology and chip stocks after Thursday’s sharp AI-driven selloff.

  • Nasdaq futures rose, while Nvidia and other semiconductor shares recovered some prior-session losses.
  • The selloff followed concerns that Democratic election victories could bring tighter AI regulation and slow data-center construction.
  • Today’s move appears to be a relief rebound, not evidence those concerns have disappeared.